Ticker 1

DNA Trade Journal

Ticker 2

Click "Like" to Receive First Hand Updates From The Analysis Site / Click "SHARE" to share

Tuesday, 12 February 2019

NRG Energy (NYSE: NRG): 12 February 2019, Tuesday, 1.39am Singapore Time

NRG Energy (NYSE: NRG): 
12 February 2019, Tuesday, 1.39am Singapore Time

Attached is the Technicals for NRG Energy that is listed in the US Market of NYSE. The 2 volume absorptions by the market are as shown. NRG Energy is a strong stock that has plenty of buying going on based on volume flow. This is in tune with the bullishness in international crude oil market. NRG Energy is a money spinning tree for investors for 2019. Funds flow from international financial markets are supportive and positive.

The Donovan Norfolk Technical Rating:
Bullish with no end in sight for 2019.


Thursday, 31 January 2019

First Bancorp (NYSE: FBP): 31 January 2019, Thursday, 12.33am Singapore Time

First BanCorp (NYSE: FBP): 
31 January 2019, Thursday, 12.33am Singapore Time

Attached is the Technicals for First BanCorp, a foreign regional bank listed in the US (NYSE: FBP). The green circled region is my live analysis' fore-warning that based on Super Root of All Funds Flow, we should buy good stocks using worldwide markets' fear, and that there is to be no bear market based on The Super Root of All Funds Flow. Everything is enacting per my fore-warned analyses -- before prices move. If you had not been bearish at all, you belonged to the minority who has true financial market skills and knowledge. In the specialized forum, I will share and teach in detail (for educational purpose) the depth of the iceberg why this kind of bank stock is destined to multi-fold, and how you could know it as early as January 2016 too (it was just $2.50 back then when I preempted in 2016's analyses that all banks will go for multifold up) -- all with respect to international macros' funds flow.


Monday, 28 January 2019

Technicals and Equity Dominant Money Flow / Dominant Order Flow of DBS Bank: 28 January 2019, Monday


Technicals and Equity Dominant Money Flow / Dominant Order Flow of DBS Bank: 
28 January 2019, Monday
(Click on Technical Chart above to Expand)

Attached is the Updated Technicals of DBS Bank with the associated last 2 weeks of Equity Dominant Money Flow (Dominant Order Flow) done by a fellow FFA practioner. The 2 red circled regions are the Super Cycle Resistance. The Green Circled Region is the Super-Cycle Resistance that had turned into Super-Cycle Support in tune with the Super Root of All Funds Flow. DBS has now refused to even back-test the blue circled region as support. This is a sign of strength in not only DBS Bank, but in Asian financial markets as well. Singapore economy will do so well in 2019 and 2020. DBS next target: $40.00 based psychological resistance and $53.42 based on Fundamentals-Logic (Super-Cycle) calculations as done previously.

【Do not follow the herd shouting for bear market or drawing bearish charts. 
We are at just mid-cycle of Secular Bull if you know your financial market knowledge well, especially global funds flow cycles】

Gold and Gold ETF: 28 January 2019, Monday, 10.11am Singapore Time

Gold and Gold ETF:
28 January 2019, Monday, 10.11am Singapore Time

Attached is the technicals for Gold and Gold ETF. As fore-warned, Gold's ascent beyond $2000 an ounce for investors is inevitable. Gold has broken out of its bullish flag last Friday, with a break-away gap-up, accompanied with impulsive volumes. The series of volume flow on Gold ETF in NYSE is bullish. This is in line with the Gold ETFs' volume flow in the Hong Kong HKSE and Singapore SGX. This had been highlighted previously as well (refer to past track records). The momentum of Gold is highly bullish as illustrated. The next immediate mid-term target can be projected by the measurement X as highlighted on chart. Long term bullish, mid term bullish and short term bullish. The Gold's ascent is to be in line with worldwide stock markets' ascent up.


Friday, 25 January 2019

Zynga Inc (NASDAQ: ZNGA): 25 January 2019, Friday, 10.50pm Singapore Time

Zynga Inc (NASDAQ: ZNGA): 
25 January 2019, Friday, 10.50pm Singapore Time

Attached is the technicals of Zynga Inc that is listed in US Market of NASDAQ (NASD: ZNGA). It was previously shared with my closest cliques. I have decided to be unselfish and share on the opportunity. Most of them are currently sitting on around +8% profits. However, for the many who bought during the December-2018 fear per my fore-warned analyses that we are in bull market based on Super Root of All Funds Flow -- they are sitting on +22% profits right now. They have every decent chance to achieve +100% profits before I do. Zynga has solid fundamentals, good balance sheet figures, and not affected by any trade war dispute. Its technicals, as shown, is solid. On the macros that is backed by the Super Root of All Funds Flow, it is aligned with the macros' funds flow of the current cycle (Super Root). Bullish. 

【One should not follow the 95% herd shouting for bear market or drawing bearish charts: the bull market still has another at least 3-5 years (and up to 10 years) of multi-bagger upmoves to come. We are at just mid-cycle of Secular Bull (refer to the model of Super Root of All Funds Flow), and 2nd half is where accelerated majority gains are to be made. 】

Monday, 7 January 2019

The Real Technicals of Crude Oil, Crude Oil Related Stocks and Worldwide Equity Cycle: 7 January 2019, Monday, 11.38pm Singapore Time


The Real Technicals of Crude Oil, Crude Oil Related Stocks and Worldwide Equity Cycle: 
7 January 2019, Monday, 11.38pm Singapore Time
(Click on Technical Chart above to Expand)

Attached is the Real Technicals of Crude Oil, and hence Crude Oil Related Stocks and Worldwide Equity Cycle. The large blue Inverse Shoulder-Head-Shoulder is as illustrated on Chart. It illustrates how crude oil was suppressed below the orange band of neckline, changed in dynamics (first green circled region) and then achieved breakup of the neckline in 2017 to confirm for new spring for energy markets. In 2018, Trump's trade war merely confirmed the neckline band as support. This support is for double confirmation purposes -- that we are in midpoint of Equities' Secular Bull Market Cycle. 

The bottom of the crude oil at $26.05 fell in tune to my live fore-warnings back in 1Q-2016 declaring that $30 per barrel would be rock bottom. It had enacted according to my fore-warnings during 2016. Notice in dark green circled region that trade war in 2018 was used to shake out weak holders and to concurrently execute backtest confirmation of the orange band neckline (turned support). This backtest is for confirming the large supercycle upmove in energy markets -- for crude oil to go beyond $100 per barrel in the coming few years. 

This all falls in line with the 2nd half of the Secular Bull Market Cycle which I had been pre-empting for. 95% of naive ignorant herd are bearish and still calling for bear market; only 5% true professionals are bullish, and that includes hedge funds and smart monies who belong to the 5%. 2nd half of bull market cycle is coming, and 2nd halves are where majority gains for all stocks across the board are made. 

All energy crude oil stocks and all commodity and raw material stocks are brewing for explosive up-cycle. Watch how my fore-warnings will get enacted once again. 

【Do not follow the 95% herd shouting for bear market or drawing bearish charts: the bull market still has another at least 3-5 years (and up to 10 years) of multi-bagger upmoves to come. We are at just mid-cycle of Secular Bull, and 2nd half is where accelerated majority gains are to be made. 】

Sunday, 6 January 2019

Yangzijiang Shipbuilding as Illustration of the kind of Bull Market The World is Cruising On: 6 January 2018, Sunday, 12.02pm Singapore Time

Yangzijiang Shipbuilding: 
6 January 2018, Sunday, 12.02pm Singapore Time
(Click on Technical Chart above to Expand)

Attached is the Technicals of Yangzijiang Shipbuilding, with all my track records illustrated at the circled regions (click on chart to expand and study in detail). This analysis was shared previously among the most inside circles among my groups. Yangzijiang Shipbuilding has since gone up by yet another +3.25% last Friday, 4 January 2019. Read on to learn on the wider market implications which could be litmus-ed out by such a blue chip shipbuilding company that is highly sensitive to international boom-bust cycles.

1. As reiterated, 1st half of the bull market runs from 2008-2018 and 2nd half of bull market runs from 2018-2028. Mid point of secular bull: 2018 (for conviction shakeouts and Super-cycle backtests). We are now approaching ACCELERATED MAJORITY GAINS of market cycle from 2019 on. 

2. Yangzijiang has completed Super-Cycle Breakouts, Back-tested the Critical Resistance-Turned-Supports as illustrated in GREEN CIRCLED REGIONS, and any dip is a buy in the markets -- not the fear-mongered sells. It has been given green light to go for $3.00 and beyond $3.00 respectively. This will give a multi-bagger returns from my below $1.00 buys (refer to past time-stamped analyses)

3. You can be sure 95% herd are still bearish, calling for bear market, calling for recession and calling for crisis. We are in super-cycle bull market of a life time. All stocks worldwide are walking along this kind of Super Bull of a Lifetime. When ship-builders achieve critically bullish breakouts in price structure, it means worldwide bull is at just the half-way mark of an expansionary cycle (go read up on economics or learn from people who have more than 17 years of experience, i.e. more experienced than me, and you will get the same answer, though unfortunately there are not many such selfless people around).

【Do not follow the herd shouting for bear market or drawing bearish charts: the bull market still has another at least 3-5 years of multi-bagger upmoves to come. We are at just mid-cycle of Secular Bull】

Thursday, 3 January 2019

iPath S&P500 VIX Short Term Futures ETN (NYSE: VXX): Price Satisfaction Achieved to end Fear and Resume Bull Market

iPath S&P500 VIX Short Term Futures ETN (NYSE: VXX): 
Price Satisfaction Achieved to end Fear and Resume Bull Market, 3 Jan 2019

Today someone sent me a message to tell me that my 21 November 2018 analysis on VIX and VXX fear index protection buy was spot on and that VXX has hit price satisfaction target for taking of profits at $48.75. I would like to congratulate everyone on this VXX market hedge using fear index. I would like to add further analysis that this is the region to end the fearful correctional shakeout that lasted from October of 2018 to January of 2019. Any hovering of VXX around $48.75 is for selling off VIX and buying of stocks. We are not in any bear market. In addition, the Super Root of All Funds Flow does not allow for any equity bear market at this stage of the market cycle. If you have VIX bearish protections, it is the time to take profits. As for stocks, the correction is ending, the fear was healthy and is not bear market of any sort. Do not succumb to fear-mongering out there.

Previous analysis on VXX, the VIX Market Bearish Fear ETF:
http://donovan-ang.blogspot.com/2018/11/ipath-s-vix-short-term-futures-etn-nyse.html


Tuesday, 25 December 2018

Short Term Technicals of S&P 500 and Important Write-up (A sharing of my past 17 years of stock market experience and insight as well): 25 December 2018, Tuesday, 3.33pm Singapore Time


Short Term Technicals of S&P 500 and Important Write-up (A sharing of my past 17 years of stock market experience and insight as well): 
25 December 2018, Tuesday, 3.33pm Singapore Time

Attached is the Short Term Technicals of the S&P 500 Index. The S&P 500 is doing a short term standard flagpole-flag-flagpole correction. This technical price structure of pole + flag + pole is reaching its price satisfaction zone soon at 2300-2330 points to end the correction. In the longer term, the bull market price structure is still strong. Someone made a special effort to organize and re-summarize all my recent teachings, and shared on his Facebook Wall with his readers. I felt his summary of my teachings was very well done, so I am sharing it here, and further to that I have added quite a number of substantially important points at the ending eight paragraphs. This represents my most sincere effort in sharing my knowledge and experience:

Almost everyone, including every single media, is calling for market to tank, crash or be bear market in 2019 based on their simplistic definition of bear market definitions. As a matter of fact, this correction is considered healthy. From the technicals of S&P 500, the correction is ending soon. This is where funds are looking to buy and where there will be sellers around the world joining a stale correction. 95% of the world is successfully being brainwashed bearishly by 95% of the world now.

Do not only use technical analysis to judge it is bear market. It is naive and high risk to just use technical analysis to declare bear market, as it is shallow and not holistic. Technical analysis side is bearish, yes, but funds flow analysis and fundamental analysis are still STRONGLY positive, and economic projections in my financial model (similarly, economic projections of many high end economic institutes as well) still points significantly to expansionary cycle (bull market cycle). TA = bearish; FA = bullish; FFA = bullish; EP-2019 = expansionary + govt fiscal stimulus = bullish. China is now the first to declare to use fiscal policies (big tax cuts) as stimulus for 2019, in line with my previous anticipation. (Refer my recent fore-warnings that governments worldwide will use fiscal policies in place of monetary policies to stimulate growth, uptrend and bull market).

The China Treasury had scooped up the Chinese Market not long ago. The size is not small. It is significant. They had declared the operation previously. Now the US Treasury will also convene a Plunge Protection Team. The US Treasury is forming this Plunge Protection Team with the top 6 biggest banks of the US -- Bank of America (BAC.N), CitiGroup (C.N), Goldman Sachs (GS.N), JP Morgan Chase (JPM.N), Morgan Stanley (MS.N) and Wells Fargo (WFC.N).

From my past 17 years of stock market experience, my young years till my middle-age years of now, the Central Bank, Finance Ministry and Treasury of any country does not support the market or scoop up the market if the world is to be entering true recession or bear market of any form. They will be more than happy to let it crash if the cycle had truly completed and Central Banks are in good shape. They intervene only at the bottom or at mid-point stage of an economic cycle when malicious short-selling or malicious opportunistic puts from particular groups are causing unnecessary fear, and these malicious shorts/puts are not warranted and not allowed to derail the economic expansionary cycle.

Plunge Protection Teams (PPT) never come in during the start of a bear market, they also do not come in during early bear market phase when market bear has a long journey of beating to go. Plunge Protection's entries almost always mark an end to malicious activities and also mark a bottomline to these malicious activities. Their entries also almost always mark a start of the next large wave up.

Only large wave means the Treasury and the PPT efforts are worth it. Only large wave up justifies large scale buying by the PPT. This is often guaranteed behind the back by governments and their future fiscal policies to come. On 6th October 2008, the working group of Plunge Protection Team issued a statement indicating that it was taking multiple actions available to it in order to attempt to stabilize the financial system. October 2008 to March 2009 marked the bottoms worldwide for large scale up-wave. This is not the only example that I can list. I can list so many examples from my rich experience and from my in-depth researches of the markets.

As the US Treasury and the Plunge Protection Team involving all top 6 of the biggest banks are convened (reiterate: they never bother to buy during any bear market phase, they only buy when a large scale up-wave can be guaranteed), this represents a secular bull market's 【mid-point】 being confirmed now. Remember, as I had pointed out, China has done this recently already. Now US as well.

A secular bull market's pivoting mid-point is being confirmed by both US and China now, both being the top two largest economies in the world. Where they come in are pivoting support levels that will hold for a long time for the next large wave up (justification for the PPT/Treasuries' large scale buying support). The last time this happened was Oct 2008-Mar 2009, yielding for multi-fold bull markets.

China is applying strong fiscal stimulus. So is the US, more fiscal policy tools to come from the US government. No banks or central banks will apply monetary stimulus at this stage of the cycle because this stage of the cycle is supposed to be QT (Quantitative Tightening) and not QE (Quantitative Easing). It is the time of the economic cycle, as per all past cycles, that governments use fiscal policy tools and let the banks and central banks earn in the 2nd half of a big bull market when the monetary tools are supposed to tighten and private sector is warm though not fever hot. Second half is where majority gains are made (Banks and Central Banks receding from monetary tools and all other entities within the GDP formula of C+I+G+X-M take over). Monetary tools slowly withdraw, fiscal tools take over. This is how it all works at mid-stage cycles. Bear market? Not a single chance. The increased application of fiscal tools is where walls of worries can always still be there (characteristics of bull market) and where Treasuries and Plunge Protection Team's working mechanism have safety and guaranteed profits for the future.

Bear market also will not take place when monetary tools are withdrawn, fiscal tools withdrawn, private sector is in gear 1 to gear 4 of a 5-gear engine. It slowly creeps in only when there is no monetary policy clutch, no fiscal policy clutch, and private sector by itself is combusting at full gear 5 of a 5-gear engine, and running real hot. By then, central banks' balance sheets would have been shrinked, bright and ready to save the world again. Recession, Market Crisis and Bear market then will be allowed to rear its head.

As reiterated, this expansionary economic UP-cycle is a 【TIDE】-- It cannot be stopped. The Federal Reserve's large balance sheet also needs another 2 more extremely large upwave before it can be shrinked effectively and efficiently. Markets are not allowed to tank or go into bear market, otherwise even the Federal Reserve will be in trouble. And no casino operator since time immemorial goes into trouble, especially the FED. 



Friday, 21 December 2018

Logarithmic Chart of DJIA: 21 December 2018, Friday

Logarithmic Chart of DJIA: 21 December 2018, Friday

Attached is the Logarithmic Chart of DJIA. The shaded regions are recession years. If you apply a pattern recognition of the shaded regions, in the past 100 years till now, it is getting harder and harder to get into recession. Australia is the classic example of such an expansionary phase. As too many people are pointing to breakdown charts, please allow me to post some breakup charts. The DJIA has previously broken up the super-resistance as indicated. Investors of stock market need not be overly panic. Remain calm and composed, like Warren Buffett. There is a reason why Buffett scooped up bank stocks some time ago and Apple Stocks a few months ago. In all my triangulation of all asset classes, Buffett is 100% correct.


Japanese Nikkei 225: 21 December 201, Friday, 11.10am Singapore Time

Nikkei 225: 21 December 201, Friday, 11.10am Singapore Time

Attached is the technicals of Japanese Nikkei 225 going in sync with worldwide financial markets. Nikkei 225 represents an example of some of the weakest market in secular cycle perspective. Even the weakest economy had also broken up super-cycle resistance trend band in double black. Further to that, Nikkei also backtested the supercycle resistance as the new supercycle support (double black lines). Currently Nikkei is backtesting an invisible resistance-turned-support in grey (refer to the double grey lines). Super-Cycle Bull Markets worldwide had been confirmed in 2016-2017. Global weakness in 2018 does not derail the SuperCycle Bull. Expect worldwide governments' fiscal policies to take over monetary tools, and stimulate the bull markets in 2019-2020.




Wednesday, 12 December 2018

Updated Straits Times Index Analysis (Global Rally Coming): 12 December 2018, Wednesday, 9.29am Singapore Time


Updated Straits Times Index Analysis (Global Rally Coming): 
12 December 2018, Wednesday, 9.29am Singapore Time
(Click on Technical Chart above to Expand)

Attached above is the Monthly Technicals of FTSE Singapore Straits Times Index (FTSE STI). If you had been learning from my teachings all along, you will know that Singapore FTSE STI is the number 1 indicator for global economic health and worldwide financial markets. The reasons had been explained in my previous FTSE STI teachings. STI is maintained in strong uptrend supported by the 2 black trend lines. The worst of the "trade war" (initial salvos are often the worst) is almost over, and the STI has not fallen much. Each time the black line supports are touched, a major global rally, including STI, follows. We are at that point now. There is also a  2-month higher low higher high created now -- candle formed such that majority of the herd remains bearish. We are ready for major significant widespread rally in 2019-2020.

Straits Times Index is expected to rally beyond 5000 points in the next few years. 5000 points is a minimum estimation (conservative estimation), as 6000 points is a possible target. Many worldwide blue chips, big caps, bank stocks, and index stocks are expected to make 2x gains from here -- meaning even elephants will gain twice their weight to become fat elephants.

Tuesday, 11 December 2018

Technical Analysis of Twitter Inc (NYSE: TWTR): 11 December 2018, Tuesday, 10.18pm Singapore Time

Technical Analysis of Twitter Inc (NYSE: TWTR): 
11 December 2018, Tuesday, 10.18pm Singapore Time
(Click on Technical Chart above to Expand)

Attached is the Technicals for Twitter Inc (NYSE: TWTR). On 1 April 2018, I first published a buy analysis on Twitter when it was $29.00. I used funds flow analysis on Twitter back then. It has risen to $33.43. The profits from this longs is set to further explode upwards from here. Twitter is a stock which is immune to trade wars, which makes it one of the best buy out there in times of uncertainty. This is made even more attractive when US President likes to sensationalize whatever he does and uses Twitter as his tool. This makes Twitter a strong uptrend as long as Donald Trump is president. Twitter is a 99.999% money-spinning tree in one's portfolio. Technicals as illustrated in detail on chart. Expect the high of the entire chart to break upwards.

Previous Analysis:
http://donovan-ang.blogspot.com/2018/04/funds-flow-analysis-of-twitter-inc-nyse.html

Tuesday, 4 December 2018

ETFMG Alternative Harvest ETF (NYSE: MJ): 4 December 2018, Tuesday, 5.25pm Singapore Time

ETFMG Alternative Harvest ETF (NYSE: MJ): 
4 December 2018, Tuesday, 5.25pm Singapore Time
(Click on Technical Chart above to Expand)

Attached is the Technicals for ETFMG Alternative Harvest ETF that is listed in the NYSE. The ETF is correlated to the Prime Alternative Harvest Index that tracks companies which are Marijuana related. In essence, it is a Marijuana industry-related ETF, and is almost totally independent of any trade war effect (more risk-free but very high beta industry). The Marijuana industry is on both the powerful black up-channel and the more accelerated orange up-channel. The uptrend is strong. The volume flow as circled in blue (Blue Circled Region) shows that small retailers are the ones selling and big players and smart monies are the ones persistently buying. This means the uptrend has strong legs. Expect the Marijuana stocks to be in play again soon. 

The Donovan Norfolk Technical Rating:
Bullish

Wednesday, 28 November 2018

Weekly Chart of Alibaba Group Holdings (NYSE: BABA): 28 November 2018, Wednesday, 8.38pm Singapore Time

Weekly Chart of Alibaba Group Holdings (NYSE: BABA): 
28 November 2018, Wednesday, 8.38pm Singapore Time
(Click on Technical Chart above to Expand)

Attached is the weekly chart technicals for Alibaba Group Holdings that is listed in the US Market (NYSE: BABA). Alibaba share prices is acting in accordance to the technicals of how a strong stock should be. In the weekly technicals, RSI of 30-35 never fails to re-start a rally on Alibaba, and the rally has always been significant. This happens because Alibaba is a strong company and smart monies like this company. Alibaba has hit such an RSI again at 30-35, and the volume flow is bullish now. Any high red volume bars are quickly negated by high green volume bars suggesting there was a lot of selling absorption (transfer of hands from plenty of weak minded fearful retailers to strong mental strength smart monies). 

Past Alibaba Analyses:
http://donovan-ang.blogspot.com/search/label/Alibaba

Wednesday, 21 November 2018

Steel: 21 November 2018, Wednesday, 4.59pm Singapore Time

Steel: 
21 November 2018, Wednesday, 4.59pm Singapore Time
(Click on Technical Chart above to Enlarge)

Attached is the Technicals for Steel. The Green Circled Region is my live fore-warning back in 2016 that Steel prices would rock bottom in 2016 and that the region will be the launch of Secular Cycle Wave Up, especially for hard commodities such as Steel and its supplementary association -- Coaking Coal. Steel rallied after my buy call point. In end-2017, it made a defining pivot at 4750 Yuan per MT. In entire 2018, Steel was supposed to be one of those commodities to be hit by the so called infamous "Trade War" between US and China, but 95% market herd did not even realise that Steel Prices were unaffected at all -- not even the slightest pinch of ant's bite. Current Economic Cycle's Minimum Target Price for Steel is 9500 Yuan per MT (refer calculations on chart). The Expectation Target Price is 14,250 Yuan per MT. This marks a +633% returns from my buy point and +317% from current point). Bullish on Steel and Steel Stocks.

iPath S&P500 VIX Short Term Futures ETN (NYSE: VXX): 21 November 2018, Wednesday, 10.04am Singapore Time

iPath S&P500 VIX Short Term Futures ETN (NYSE: VXX): 
21 November 2018, Wednesday, 10.04am Singapore Time
(Click on Technical Chart above to Enlarge)

While collecting mid term and long term quality stock buys, there may be some need to hedge oneself slightly in the short term with some VIX or index options. Attached is the iPath S&P500 VIX Short Term Futures ETN (NYSE: VXX). When stock market indices go down, VXX spikes up in the short term. The projected target for VXX is $48.75. Take profits of the hedges at $48.75 region. 

Tuesday, 20 November 2018

Malaysia Steel Works (MASTEEL) (KLSE: 5098): 20 November 2018, Tuesday, 2.20pm Singapore Time


Malaysia Steel Works (MASTEEL) (KLSE: 5098): 
20 November 2018, Tuesday, 2.20pm Singapore Time
(Click on Technical Chart above to Enlarge)

I am officially adding significant positions in Malaysia Steel Works (MASTEEL) now after 1st initial torpedo in early 2018. The black structure is the 10-Year SuperCycle Bullish Wedge that will result in Super-Cycle Bull of a Lifetime. As reiterated that 2008-2018 is 1st half of secular bull, with 2018-2028 making up 2nd half of the secular bull, the green circled region is the SuperCycle breakout. The brown circled region is the SuperCycle's treacherous backtest of a lifetime to confirm for SuperCycle's Bull of a Lifetime. Refer to detailed calculations on Chart. MASTEEL can be expected to hit a minimum TP of 2.7600 from current price of 0.4800, and has an expectation TP of 3xPivot= RM 4.14 (Current Price RM0.48).

【Do not follow the herd shouting for bear or drawing bearish charts cluelessly】

The Current State of Steel (Major Steel and Steel Stocks Rally Expected Ahead): 20 November 2018, Tuesday, 10.12am Singapore Time


The Current State of Steel (Major Steel and Steel Stocks Rally Expected Ahead): 
20 November 2018, Tuesday, 10.12am Singapore Time
(Click on Technical Chart above to Expand)

Attached is the Technicals of VanEck Vectors Steel as a litmus for the Current State of Steel. The entire 2018 had been used for massive re-accumulation of commodities. Steel is one of them. The bullish descending wedge spanning 2018, which is supposed to create massive bearishness among the naive herd, is going to complete soon. When it completes, Steel and Worldwide Steel Stocks will resume the next big wave up in 2019-2020.

【Do not follow the herd shouting for bear or drawing bearish charts cluelessly】

Sunday, 18 November 2018

The True Picture of Yangzijiang Shipbuilding: 18 November 2018, Sunday, 5.27pm Singapore Time

The True Picture of Yangzijiang Shipbuilding: 
18 November 2018, Sunday, 5.27pm Singapore Time
(Click on Technical Chart above to Expand)

1. As reiterated, 1st half of the bull market runs from 2008-2018 and 2nd half of bull market runs from 2018-2028. Mid point of secular bull: 2018 (for conviction shakeouts)
2. Yangzijiang has consolidated in a large symmetrical triangle and has broken up the triangle of 2008 to 2018; we are now entering into 2nd half of the secular bull market where majority gains are to be made. With the backtest in 2nd green circle, expect Yangzijiang to break up $2.70 historical high and go for breakup of $3.00 psychological resistance.
3. You can be sure 95% herd are either bearish, calling for bear market, calling recession and calling for crisis. We are in super-cycle bull market of a life time. 

【Don't be a fool and follow the herd shouting for bear or drawing bearish charts-- cluelessly like a headless chicken.】

Updated Technicals of Wilmar International: 18 November 2018, Sunday, 2.35pm Singapore Time

Updated Technicals of Wilmar International: 
18 November 2018, Sunday, 2.35pm Singapore Time
(Click on Technical Chart above to Expand)

Attached is the Updated Technicals for Wilmar International, a major palm oil company that is listed in the Singapore SGX. Wilmar is currently still doing a large rounding bottom of re-accumulation. The first 3 dark orange circled regions are where extreme high volumes could not crush Wilmar -- these are secret buying volumes by smart monies in the market. The 4th orange circled region is confirmation on buying volumes. Wilmar's current big rounding accumulation coincides with where the worst of all trade war fears merely confirmed a large higher low. It is a confirmation of its long term bull market. Expectation of Wilmar's forward trajectory is as illustrated on chart.

The Donovan Norfolk Technical Rating:
Long Term Bullish within Bull Market

The True Picture of Olam International, reflection of Global Commodities Market: 18 November 2018, Sunday, 11.30am Singapore Time

The True Picture of Olam International, reflection of Global Commodities Market: 
18 November 2018, Sunday, 11.30am Singapore Time

Today, I am going to point out certain facts (Universal Truths) about Olam:

1. As reiterated, 1st half of the bull market runs from 2008-2018 and 2nd half of bull market runs from 2018-2028
2. Olam has consolidated in a large symmetrical triangle during the first half of the bull market from 2008 to 2018, and 2nd half of the bull market is where majority gains are to be made.
3. Olam is on SuperCycle support right now. It is expected to follow either trajectory path 1 in green or path 2 in red. Path 2 represents a fake breakdown followed by real breakup, while Path 1 is a more simple rebound and breakup.
4. As 2018 has caused sentiments among retailers and ignorant fools to be bearish beyond doubt among them, 2018 has now proven to be a mid point of the 2008-2028 secular term bull market. This is in sync with secular economic cycles which I had taught all along in 2018.


Wednesday, 14 November 2018

Technical Analysis of Tractor Supply Company (NASDAQ: TSCO): 14 November 2018, Wednesday, 10.55pm Singapore Time

Technical Analysis of Tractor Supply Company (NASDAQ: TSCO): 
14 November 2018, Wednesday, 10.55pm Singapore Time
(Click on Technical Chart above to Expand)

Attached is the Chart Technicals for Tractor Supply Company (NASDAQ: TSCO). It has completed an expanding triangle for high beta strong upmove. Expanding triangles which break out to the upside will often yield high price moves up. The volume flow tallies with strong smart money funds inflow. Bullish. Buy.


Technical Analysis of Pfizer (NYSE: PFE): 14 November 2018, Wednesday, 7.37pm Singapore Time


Technical Analysis of Pfizer (NYSE: PFE): 
14 November 2018, Wednesday, 7.37pm Singapore Time
(Click on Technical Chart above to Expand)

Attached is the Chart Technicals for famous drug-maker Pfizer (NYSE: PFE). Pfizer is currently for short-selling. Pfizer is demonstrating a bullish rounding chart pattern, but it had been seeing funds outflow and had flipped into a short term funds outflow stock while bullish chart pattern was being formed. This is when funds flow on the stock takes priority over technical analysis. Expect retailers in the market to be killed (brilliant set-up). Expect $41.50 support to break down. Take profits of shorts after $41.50 breaks down. There is a good chance Pfizer would like to back-test the mid point of 50MA and 200MA or at the deepest -- 200MA as backtest of support.


Tuesday, 13 November 2018

Technical Analysis of General Electric (NYSE: GE): 13 November 2018, Tuesday, 11.18am Singapore Time

Technical Analysis of General Electric (NYSE: GE): 
13 November 2018, Tuesday, 11.18am Singapore Time
(Click on FFA Chart above to Expand)

Attached is Technicals of General Electric (NYSE: GE). Following my Funds Flow warning that smart monies were selling and shorting GE long term in early 2018, GE is indeed relentless in its collapse in price. One should still hold on to one's GE Shorts. As reiterated and maintained, this short-selling trade has got to be the best hedge for one's portfolio of longs/investments. Target price remains at $1.00, as maintained previously when GE was way above $10.00. This represents a -90% drop in prices. Maintains that GE is a highly profitable strong short-sell on rebound (Hedge longs using GE shorts). 

Previous Funds Flow Analysis of General Electric: